Market Valuations

Testimonials

Private Valuation Client

"Many Thanks for your report which is extremely clear, lucid, professional and helpful."

Purchaser, May 2021

…I would like to congratulate you and your team, the auction was very well organized and I would be happy to bid at more of your auctions in the future.

Sawmill Owner, Retired – May 2021

Marriotts have excelled themselves in the organization of this sale. The stock and assets removal has been organized extremely well and I have great admiration for your team.

The most common type of business asset valuation we provide is on the basis of Market Value defined by our professional body, the RICS, as the estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion . This can be for either collateral purposes, business asset sales / purchases, or for insolvency practitioners.

If one is considering selling any equipment, or purchasing second hand plant & machinery, it is always wise to obtain a professional market valuation in order to protect one from being on the wrong end of a shrewd negotiation. Insolvency practitioners are probably the most common users of professional valuation services, and unlike solvent companies which primarily have a duty to their shareholders, insolvency practitioners have a wider duty to an insolvent company’s creditors to make sure that the assets are valued and sold by professional agents. Insolvency practitioners therefore have a duty to employ the services of RICS Registered Valuers who are qualified and hold professional indemnity insurance.

To discuss your market valuation requirements or to chat through any related matters with a member of the friendly Marriott & Co. valuations team please call 01252 712 083 or click here.